Arrabon

Analysis

Arrabon is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arrabon reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $580k to $1.6m (+169%), an average of +64% a year. The sharpest change came in the year to June 2022, when income rose by 305%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arrabon sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Calvary Thrift Store ($1.6m), Airo ($1.6m) and The Meeting Place Church International ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $257k (16% of expenses). Other salaries and wages came to $768k. At year end it held assets of $1.5m against liabilities of $17k, net assets of $1.5m. It reported 19 employees.